Seller's Agent in 2024
Nick Fratz-Orr
Railey Realty, Inc.
(301) 616-0473
483 Total Sales
48 Spring Ln Oakland, MD 21550
Estimated Value: $259,982 - $306,000
2
Beds
1
Bath
1,008
Sq Ft
$279/Sq Ft
Est. Value
Highlights
- Scenic Views
- Wood Burning Stove
- No HOA
- Chalet
- 2 Fireplaces
- 2 Garage Spaces | 1 Attached and 1 Detached
About This Home
As of August 2024Welcome to 48 Spring Lane! This 2BR/1BA home offers a level lot with panoramic views for eastern sunrises from the covered porch and western sunsets on the backside of the home. Enjoy an updated kitchen, renovated full bathroom on the main level, mini splits for AC in the warmer months and plenty of storage space in the unfinished basement area. The lower level has a rough in for a second full bath for future expansion. The oversize garage outside offers great space for storage. Many trees have been cleared on the lot recently providing an open feel with excellent views in all directions. Located just minutes from Oakland and Deep Creek Lake, this is a great option for a primary residence or second home! Call today for a private showing!
Last Agent to Sell the Property
(301) 616-0473 nick@railey.com Railey Realty, Inc. Listed on: 04/27/2024
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,499
Year Built
- Built in 1977
Lot Details
- 0.7
Parking
- 2 Garage Spaces | 1 Attached and 1 Detached
- 2 Driveway Spaces
- Basement Garage
- Gravel Driveway
Property Views
- Scenic Vista
- Mountain
Home Design
- Chalet
- Cabin
- Block Foundation
- Frame Construction
- Architectural Shingle Roof
Interior Spaces
- Property has 2 Levels
- 2 Fireplaces
- Wood Burning Stove
- Wood Burning Fireplace
- Gas Fireplace
Bedrooms and Bathrooms
- 2 Main Level Bedrooms
- 1 Full Bathroom
Basement
- Basement Fills Entire Space Under The House
- Garage Access
Utilities
- Ductless Heating Or Cooling System
- Heat Pump System
- Well
- Electric Water Heater
- On Site Septic
Additional Features
- Storage Shed
- 0.7 Acre Lot
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 1210008832
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 27, 2024
Closed on
Aug 2, 2024
Sold by
Gruzs Catherine L and Gruzs James A
Bought by
Robertson Kristopher and Robertson Kelly
Seller's Agent
Nick Fratz-Orr
Railey Realty, Inc.
Buyer's Agent
Nick Fratz-Orr
Railey Realty, Inc.
List Price
$269,000
Sold Price
$249,999
Premium/Discount to List
-$19,001
-7.06%
Views
118
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$30,997
Avg. Annual Appreciation
8.84%
Original Mortgage
$90,000
Outstanding Balance
$88,997
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$191,999
Purchase Details
Listed on
Aug 20, 2022
Closed on
Sep 29, 2022
Sold by
Brucker Jeffrey and Brucker Joann
Bought by
Gruzs Catherine L and Gruzs James A
Seller's Agent
Jay Ferguson
Taylor Made Deep Creek Vacations & Sales
Buyer's Agent
Nick Fratz-Orr
Railey Realty, Inc.
List Price
$239,000
Sold Price
$240,000
Premium/Discount to List
$1,000
0.42%
Views
30
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.24%
Original Mortgage
$129,000
Interest Rate
4.55%
Mortgage Type
New Conventional
Purchase Details
Listed on
May 8, 2019
Closed on
Mar 17, 2020
Sold by
Nalley William and Nalley Stacey
Bought by
Brucker Jeffery and Brucker Joann
Seller's Agent
Jay Ferguson
Taylor Made Deep Creek Vacations & Sales
Buyer's Agent
Bob Orr
Offlake Rentals
List Price
$149,900
Sold Price
$137,500
Premium/Discount to List
-$12,400
-8.27%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
24.52%
Original Mortgage
$123,750
Interest Rate
3.4%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jan 12, 2010
Sold by
Freyman William D
Bought by
Nalley William S and Freyman Clara M
Purchase Details
Closed on
Sep 9, 1996
Sold by
Freyman Wm D and Freyman Clara M
Bought by
Freyman William D
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Robertson Kristopher | $249,999 | Deep Creek Title | |
| Robertson Kristopher | $249,999 | Deep Creek Title | |
| Gruzs Catherine L | $240,000 | -- | |
| Brucker Jeffery | $137,500 | None Available | |
| Nalley William S | $127,500 | -- | |
| Freyman William D | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Robertson Kristopher | $90,000 | |
| Previous Owner | Gruzs Catherine L | $129,000 | |
| Previous Owner | Brucker Jeffery | $123,750 | |
| Closed | Nalley William S | -- |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 08/02/2024 08/02/24 | Sold | $249,999 | 0.0% | $248 / Sq Ft | |
| 07/04/2024 07/04/24 | Pending | -- | -- | -- | |
| 06/18/2024 06/18/24 | Price Changed | $249,999 | -3.8% | $248 / Sq Ft | |
| 06/18/2024 06/18/24 | Price Changed | $259,999 | +1.6% | $258 / Sq Ft | |
| 06/03/2024 06/03/24 | Price Changed | $256,000 | -1.5% | $254 / Sq Ft | |
| 05/20/2024 05/20/24 | Price Changed | $259,900 | -1.9% | $258 / Sq Ft | |
| 05/13/2024 05/13/24 | Price Changed | $265,000 | -1.5% | $263 / Sq Ft | |
| 04/27/2024 04/27/24 | For Sale | $269,000 | +12.1% | $267 / Sq Ft | |
| 09/29/2022 09/29/22 | Sold | $240,000 | +0.4% | $238 / Sq Ft | View Prior Sale |
| 08/22/2022 08/22/22 | Pending | -- | -- | -- | |
| 08/20/2022 08/20/22 | For Sale | $239,000 | +73.8% | $237 / Sq Ft | |
| 03/17/2020 03/17/20 | Sold | $137,500 | -4.5% | $136 / Sq Ft | View Prior Sale |
| 02/03/2020 02/03/20 | Pending | -- | -- | -- | |
| 09/19/2019 09/19/19 | Price Changed | $144,000 | -3.9% | $143 / Sq Ft | |
| 05/08/2019 05/08/19 | For Sale | $149,900 | -- | $149 / Sq Ft |
Source: Bright MLS
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $2,089 | $181,900 | $0 | $0 |
| 2024 | $1,842 | $155,100 | $0 | $0 |
| 2023 | $1,529 | $128,300 | $19,600 | $108,700 |
| 2022 | $1,454 | $121,933 | $0 | $0 |
| 2021 | $1,380 | $115,567 | $0 | $0 |
| 2020 | $1,275 | $109,200 | $19,600 | $89,600 |
| 2019 | $1,286 | $107,500 | $0 | $0 |
| 2018 | $1,196 | $105,800 | $0 | $0 |
| 2017 | $1,172 | $104,100 | $0 | $0 |
| 2016 | -- | $104,100 | $0 | $0 |
| 2015 | -- | $104,100 | $0 | $0 |
| 2014 | -- | $104,100 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Nick Fratz-Orr
-
Jay Ferguson
Seller's Agent in 2022
Jay Ferguson
Taylor Made Deep Creek Vacations & Sales
(301) 501-0420
259 Total Sales
-
Bob Orr
Buyer's Agent in 2020
Bob Orr
Offlake Rentals
(301) 616-0621
10 Total Sales
Map
Source: Bright MLS
MLS Number: MDGA2007104
APN: 10-008832
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